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Author Topic: Casascius 2011 Double Error Coin  (Read 3453 times)
dazedfool
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June 08, 2017, 07:17:59 AM
 #41

Apologies for the thread necromancy...

Curious if any more 2011 "double" error coins have popped up?
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PirateHatForTea
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June 08, 2017, 09:12:40 AM
 #42

elianite has an ad for one at 25BTC on his site   Shocked

https://coinfirm.org/rare-coins-for-sale

2013 called....they want their prices back  Cheesy

While we're necro-ing threads, I thought I should point out that 2013 prices actually do appear to have come back. $7,100 for a series 1 1btc on ebay a few days ago, and 2.1btc for one on this forum also in the last few days.

I sold an MS-62 series 1 myself for 1.6BTC just a month or so ago, and thought I was getting a great price. Now I'm not so sure!

Unlevereged financial instruments acting as a store of value that fluctuate 50% within 10 minutes is perfectly acceptable. I think it should be offered in IRA form to soon to be retirees.
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June 29, 2017, 05:55:39 PM
 #43

I gave out 1 BTC Casascius coins to some friends back in 2011. Now, one of them wants to sell, and he asked me what the best to sell it way. Is eBay the best option? Is there a way to safely take PayPal, or would you need the buyer to pay in BTC? These are the series with the typo (single error, I guess) btw.
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June 29, 2017, 06:53:30 PM
 #44

I gave out 1 BTC Casascius coins to some friends back in 2011. Now, one of them wants to sell, and he asked me what the best to sell it way. Is eBay the best option? Is there a way to safely take PayPal, or would you need the buyer to pay in BTC? These are the series with the typo (single error, I guess) btw.

Dont use paypal.  If i were you i would start a new thread.  I would get pictures of the coin/s, offer escrow and you should be able to sell them here fairly easily

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andrewbadr
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June 29, 2017, 07:38:48 PM
 #45

I gave out 1 BTC Casascius coins to some friends back in 2011. Now, one of them wants to sell, and he asked me what the best to sell it way. Is eBay the best option? Is there a way to safely take PayPal, or would you need the buyer to pay in BTC? These are the series with the typo (single error, I guess) btw.

Dont use paypal.  If i were you i would start a new thread.  I would get pictures of the coin/s, offer escrow and you should be able to sell them here fairly easily

Sounds good. Thank you!
krogothmanhattan
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June 30, 2017, 01:20:08 PM
 #46

I really do not view these as a double error personally. An error to me is something obvious like a misspelled hologram, flaw in the coin, etc... To me he just printed them off center a tad not really seeing how that adds value?

  I agree..In the world of Philately that is stamp collecting..an inverted image, inverted color, misspelled words are true errors. Case in point is the inverted Jenny, or inverted biplane of which only 100 exist that command over $800,000 in auctions.

   If there was a color shift or misperf we call them freaks or oddities. So for me the misspelling of Casascius with the missing S would be a true error..just because the ink is slightly higher or lower or sideways is not truly an error.

 But that being said, if physical Crypto coin collectors place such a high price on this type of shift in printing, then they create the market value whether its a true error or not.

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December 09, 2017, 12:33:44 AM
 #47

Apologies for the thread necromancy...

Curious if any more 2011 "double" error coins have popped up?

I still have mine. As soon I can sell them securely, I will. My ideal transaction would be the buyer meeting me with certified check in the bank and where the safe deposit box is where they are stored and we swapping coins for fiat via escrow agent. Something like that. Coins and bank are in Europe.
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